Bitcoin Forum

Even though trading and gambling resemble for face that resemblance no pass for face there, u go make very serious mistake to think say trading and gambling na the same thing, and if you enter trading with that gambling mindset wahala go dey. so weting be the difference between the two

 1. RISK:   the biggest thing wey separate gambling and trading na risk, for the two risk dey sha but with trading you fit control your risk, too many parameters and avenue dey to control your risk, for gambling the chances to control risk dey very slim.

 2. RESULT: Another thing wey separate these two na how to achieve the desired result wey be PROFIT, with gambling your chances dey based on luck and odds, and these two dey too random for somebody to base success on them naim make most gamblers na once once them dey cash out something sef before you see that one cash out you don play tire, loose money tire...with trading, results dey random too but e no dey based on luck and odds  the results dey based on information, historical data wey you fit go back to anytime anyday to help you see wetin market don do before so that u go fit Bank on am then trade, for example make we say market dey trend, e go must hit one or two important areas or prices before e reverse  so you fit bank on some of these kinds of information and data to trade, so your success now no dey based on luck and odds again but market behavioural consistency(price action, market structure and order flow).

3. DATA: with gambling your data sources dey limited if at all anyone dey, naim make gamblers results dey based on luck but with things like trading crypto and other asset classes, you get numerous sources of data, for example, you get fundamental data, sentimental data, technical data and even relational data, by the time you don put your head down learn these informations and know wr to find them, your trading go make sense even dey easier with time as you gather experience and growth

TIMING: while gambling na something wey be start now end now, trading na game of patience, you must learn patience to dey able to trade otherwise you go dey loose money like say u dey gamble

Unfortunately plenty people no know these things so them dey use the mindset of gambling to enter trading naim make person go carry money wey be urgent 2k for another thing use am to trade to make quick profit then send back the main money, without experience or anything, just because them see another person dey make money from trading them feel say na based on 2 odds or over 2.5,..those kind things no dey ever work because even  if luck dey important e dey less needed for trading and the market no dey pity person

I no fit talk all the differences here but these ones na the key ones I know say others get too to add, but las las abeg trading and gambling no be the same thing,

True true trading and gambling no be the same thing, na two different things wey fit wound you wetin no good, but one major thing wey I pick out from your write up is that luck fit shine on you in gambling, but in trading, if you no know anything about am, you don enter one chance because luck no dy work for trading, you earn base on wetin you know, and how  good you can control your emotions, but as for me, I see two of them as a dangerous game, especially trading because him dy even more brutal than gambling.
The emotional trauma wey come with trading is second to none, that time wey you no dy trade, you go feel like say na that Times you for make enough money, but once you enter wrongly, ur eye go clear, because the market go humble you sharp sharp.

Trading have a lot of similarity with gambling with the difference almost insignificant. Your distinction id primarily base on the fact that you see trading as skill whereas gambling as entirely a thing of luck and I want to fault such line of thought because gambling too require skills and those who have the right skills are able to win gambling much more than those who approach it like it were just a thing of luck. On the basis of skill and emotions, trading and gambling are completely similar just that the risk make them a little different as the risk of trading is more controllable than that of gambling.

Normally trading and gambling na just five and six Dem be, Dem dey dengerous well well no be weting person wey know get control supposed put head at all. But just like you don say gambling better pass am small I go gree because sometimes your luck fit shine for gambling sometimes you win, but for trading I know really dey saw about am, because once you enter ram na just to dey lose go be that Alex say person fit sense if not e dey hard well well oo.

These two things are similar to me, all the reasons you listed out goes for both gambling and trading, the timing it takes for gambling can also take for trading except in some few gambling categories, when you are considering gambling on quick money bets like the casinos, aviator, virtual sport and the rest, these ones are mainly used to drain out your funds within seconds, the same thing goes with trading also when considering future trading, you loss instantly also unlike spot trading.

You as a player or a trader has to choose if you are ready to loss instantly or gamble in live sports betting to minimize the risk of losing your money at a time, I can't actually say these two are different, they are similar.

Gambling and investment even though them somehow they similar sometimes but na different things entirely. People whey dey do gambling most times no dey get hope of any return because them wan just do make wether ehh go work or not. Gambling no get any time frame to expect return, when you dey gamble no way at all for you to try manage the risk wey dey inside, once you don gamble no going back at all. For investment you fit gather information about the area very well so that you go know how the end fit be. Investment you fit control the timing and even how the the return of investment go fit be. Plenty reasons why gambling and investment no be the same and plenty reasons why make you do investment and no be to do gambling.

Not really, they are not the same, the procedures of learning are not the same, the system of risk management is not the same too for example, with trading you can break even, minimise leverage/lot size, set stop loss, set trailing stop, take partial profit or loss, all these are just different ways to manage risk alone, if you go deeper with knowledge you can add time frame risk management but with gambling these are not available...

The risks and what is happening in reality are what people use to compare trading and gambling and conclude that they are the same thing. The percentage of traders that are losing is almost the same with the percentage of gamblers that are losing. 85% of traders and gamblers are losing. But trading is trading while gambling is gambling and they are not the same thing. They have different approaches and not the same at all.

You can't completely separate trading from gambling. Yes, there are some differences in trading, but they are very minor. Gambling is mostly about luck and experience plays a small role in winning. It's almost the same in trading, but experience plays a slightly larger role in trading than gambling. Be it trading or gambling, you have to rely on luck to win.

Yes, trading behaves differently in terms of control. While in gambling, losses are completely out of your control, trading is under your control. But at the end of the day, I consider trading to be a part of gambling, because in both cases you don't know what is going to happen. The outcome is completely uncertain, which helps luck.

I think there are many similarities between trading and gambling, especially in the case of futures trading. Basically, when we deposit money in a casino to gamble, when we start playing, most of the time we have to lose there. Many times, even if we bet on sports, we have to lose, but there is no way to get the money back, as a result of which we lose all the money from our account. Similarly, in the case of futures trading, when you trade with your money, if the market does not go in the direction of the trade you took, but rather goes in the opposite direction, then you can get liquidated at any time and your money will be completely lost. So I think there are many similarities between trading and gambling, but in spot trading there is less chance of losing money, but you will still lose money.
However, if you can use your experience and you have good knowledge about trading and gambling, you will not lose money there, but you can make money, but you have to be extremely experienced.

Gambling and trading sure have similarities, but I feel the difference comes with the approach and responsibility. When you're gambling, it's unpredictable, and you're not sure of certain things. Some people gamble on weekends with the smallest amount, just to have fun. Others gamble for profit but with the luck mindset while watching their pocket. But when you're trading, you know you're not trading for fun. You put in a certain amount, even the least amount you use to trade, will be like 3x the amount you use in gambling.

The expectations differ when you're trading. You know it can be unpredictable, but you expect something better, and you handle your trading business with care, more than you do with gambling. With gambling, you could just play and go, but with trading, you will check it very well. You check the charts. So I feel the way you approach it definitely differs, even though both involve luck and putting in a certain amount to get something returned.

Trading fit still be gambling and at the same time e fit no be gambling everything depend on who the handle the trade and the approach the person use the trade. Just like Op been state say trading need patience and timing. Now if a trader come jump into trade based on him instinct na gambling him go end up do. Or if the trader Do analysis finish come join the trade for wrong timing na the same gambling him dey do.

Trading na one profession wey require steady research and studying. Like no matter how person done good reach him go still need to go back go do research almost every time him wan trade. From time to time the person go still need to review their strategy, check if e still dey work on the market wey him wan predict, do some back test and price action. Trading no be for everybody finally na only for those wey get the time to do research.

Trading is synonymous to gambling because both leaves it victims with the same effect and feelings of waywardness and hopelessness and victims of both trading and gambling always have the same motive to make quick profit. So trading and gambling resemble in so many ways so if someone say trading is gambling de person no dey wrong at all because it all depends on the aspect wey de person dey take dey see am

You don talk am finish, most people no just understand say one u fit learn am, start am over night while the other one person need time n patience to take sabin am and e dey give better peace of mind especially if you no be greedy person

Seriously I feel like people who says this have no idea of what trading is... It's nothing like gambling mate don't compare both.. gambling requires no skill, if you understand the games just dive in and do your thing if you are lucky you win. Not everyone knows how to trade the financial market, but any one can gamble so long they have enough money. Been trading for long and from my years of experience, you cannot trade without having enough knowledge of the market. Those who copy signals and make money are not traders.. so trading is no way similar to gambling.

There are a lot of things that make people think trading is the same as gambling, although some expectant. I think many people who think trading is the same as gambling know how trading works and the risk behind it if they already know, and that is why they view them as the same thing, although I believe that is because they don’t really have the deep knowledge of trading; that is why they are thinking like that. Someone who already has the knowledge and everything in trading will know that it is not the same as gambling. 

The very fact say, you categorize both of them to be game na em be watin go make am Dey hard for any sensitization of trading not being gambling. You’ll end up defeating the idea you wan project before you even project am.

Person fit catch cruise with gambling, regardless of the outcome of your bet but, it’s not the same with trading. When your trading, your in for real and all you want is profit even though you could encounter losses.

Trading Dey subject to analysis and history but, gambling pays no attention to that. Gambling is a game of right now, right that moment, what’s happening in this moment which makes it harder to predict.

Trading and gambling has being a topic of discussion for a long time because of the similarities between them, trading to some people na gambling 2.0 (Dem go say na gambling wey go university). You no go blame them because them no get the knowledge to know the difference and some of them no sabi wetin trading be, na why them dey always talk this thing. Trading and gambling na two totally different things and although you done try for this points wey you give but I want to add that,

Gambling na just game of chance like say you need dey every lucky to win but trading is more about your skills. The skills wey you dey learn so for trading go help you win tomorrow but you no fit talk the same for gambling.

The reason why people are seeing it as something similar is as a result that when you trade you must accept the fate that there are loses to incurred, same is applicable to gambling, when you gamble you must accept the fate that there is every possibilities that you would incur lose. As someone who indulges in both activities you must accept the risks that concern about this two events.

When it comes to risk, I don't see much different between trading and gambling. Both involve risk just as you have said. I'm into sport betting, and nowadays punters can use the cashout bottom to terminate games if the games is going against them. This help to stop the betting, giving you part of your money. To me, this is somehow similar to that of stop loss from trading. Another one is the one game cut bottom, This helps when a single game spoil your accumulated game. So both trading and gambling help in managing risk but just in different way.

I get your point Senior but I think say, some other persons Dey also develop some skills due to their frequency with gambling.
I no Dey try to relate gambling with trading but one thing I know be say, regardless of how much skill person get for trading, losses go still occur because all the charts traders Dey follow Dey o my help them to speculate which means say, then no fit Dey certain of wetin fit happen next because the market na very unpredictable one and hence I just wan talk say, trading and gambling get some major similarities na why people no Dey waste time exotically newbies to tag trading with gambling.

My brother, you dey get the whole concept wrong, first off trading no be very good investment. However trading and gambling na two different concepts but they share similar features just that one involves speculating wetin the price of different coins fit turn out, with the help of market analysis and skill, while the other one wey be gambling involves predicting the outcome of uncertain event with the help of different strategies and luck, both of the get their own profit side but the risk factors dey very high the similarities na be say the speculations and predictions dey uncertain, also gambling na strictly based on luck than using good strategies but for trading you go need dey very skillful and study the market very well. Anyways I fit agree with you say trading dey more preferable pass gambling since profiting from gambling na mostly by chance while trading go require more of your skillset and how well you understand the market and manage risk before you go fit profit on the longrun.

There is an undeniable need for experience in trading in the financial markets and for this you need to focus on trading strategies along with money. To win in gambling you need to have floating cash regardless of luck which is the skill of achieving goals through patience. I say that lack of experience is more responsible for losing money in gambling or trading in the market. Being lucky can bring you victory in both cases, along with being a good entrepreneur by systematically converting your feelings into action. I agree with you that the process of making money by copying signals is not a business sign. A trader has to be aware of his intuition and try to gain profit by considering the surrounding situation. This method allows him to be skilled in making money and finally he becomes a strategic investor.

Thanks you boss, na just the truth be that, I wish say I fit get avenue to dey sensitive people say the two no be the same so that them no go dey carry gambling mindset dey enter trading

Your last paragraph don talk finish boss, trading and gambling just get facial resemblance, them be like twins wey resemblance each other well well but their mama know who be who even if public no fit differenciate them

The name already spelled the difference between the two. The similarity between the two is that they both involve high risk, although the risk of gambling is higher than trading because you can modify your lose in trading but in gambling you can not.

In trading, despite that you can not be so sure of your analysis in all trade, but you can decide the amount of lose you want to accept by setting a Stop lose but in gambling, there's nothing like stop lose.

This is true!
I believe the only striking similarities between trading and gambling is that they both involves wagering of money and they also involve risks of losses and potentials of winning. But these concepts are on a totally different scale. Wagering money on gambling is way more different from that of Trading, this is because, so far, I do not believe (because I haven’t seen) that a gambler has been able to develop  any gambling skills and strategies that has been able to ensure the gambler a consistent and constant victory in gambling, but we have several successful traders who are making crazy ass profits from trading with their self developed strategies, so it’ll be a flawed mentality to perceive the both concepts as one and the same.

That one na for skilled based games and no be lie because e get some kind games wey you go dey gamble and with time you go get small experience wey go fit help you the next time wey you dey gamble but e no still mean say you get 100% assurance say you go make am and na why people dey advice say make you no go dey copy another made bets.

Make we take sport gambling as example, as you dey play am often, e get some kind skills wey you go develop wey newbie wey just dey start no fit get but still you have to depend majorly on luck. Trading na say A na A and B na B but gambling, A fit be B (hope you get the points now). If you learn trading well, you can be guaranteed to win 70-80% of your trade always even though you just dey wake you up from sleep na why we get traders wey dey make am after they done learn am well. Gambling is just strictly a luck game.

OP you don talk well, everything wey you talk na legit, just dat some persons don get the mentality finish so to change am go really hard, them no go wan gree, e no get eetin you wan tell them, them just believe say the two thing na d same thing and so for them na gambling them go prefer based on day e require just  random knowledge, e no be like trading wey requires you to put in effort study some kain data dem, and d flat say gambling na luck based more come make these pipo believe say na to just run am like dat wey be say dem no need dat too much effort wey dem go need to trade.

Basically, the amount of risk that is in gambling is not as much in trading. Every trader is dependent on the stock market and they know where they will get benefits. Basically, gamblers gamble in the hope of profit and then suffer disappointment. Even if he makes a profit, he has to stay in the gamble, but trading is not like that at all. If you are a trader and know the rules, then you can easily profit. But there is no guarantee in gambling. And trading is not gambling at all

What you mean is that trading is better compared to gambling. You may not be wrong but also be wrong depending on who is taking from your perspective. Both are supposed to be profitable but the risks associated often limits what to get.

If you are referring to options like stop loss in trading do not forget that gambling has it's own risk control, a few of them like Early cashout, Cut one and varieties of options to pick from while selecting games to bet on. If you are a trader, try as much to perfect and same goes to the gambler, yet one person can still do both depending on his/her risk tolerance.

Everything you talk na 100% true Boss. Make I dwell small on the skill based game aspect. This types of games Dey really make plenty people argue say person go fit Dey constantly profitable for gambling, and say them no really need luck like that. For example, I go use games like card games, and even those people wey Dey like to bet on 8ball Pool. These sort of games for sure, person fit use the experience and skills him don gather for the game as a major advantage to win, but E no really mean say them no really need luck, because that unpredictability factor wey Dey present there na E luck Dey use Dey enter there even with your level of experience and skill, you fit still jam better surprise.

Na same thing Dey happen with trading, because even with all the technical analysis, market fit still shock you because the market Dey very volatile and nobody fit Dey 100% sure wetin go happen next na why traders Dey only speculate and not being certain.

I no want over Dey speak for gambling make people no coke Dey think say I no understand trading but I just Dey try to call spade the real name and not live in the internet world wey people no Dey agree say even with all the speculations wey trader fit get, the market fit still shock am 😂

They both have risk just that they are minimal trading is better than gambling because gambling is risky in the sense that there is no stop loss and take profits and other leveraging that will reduce the risk of losing all your money and when you trade you will have the mindset of doing well when it comes to trading because of that mindset of taking risk and that is why people are always trying to compare the two because of its risk and anything that as to do with risk gambling is always in the best position.

Both trading and gambling they have there own people and trading have there own squad so a lot of things look different and gamblers are very greedy, and they don't want to lose money and they want to use a very small amount of money, and this are reasons why I will even prefer trading than gambling by far because of your emotions will be corrupted.

Going by your description, we can refer to Trading as low-risk Gambling to an extent. But going by the way of a newbie who you're trying to convince to join trading, it is purely gambling. I've seen people loose almost all their assets with anxiety in trading.

Sport betting can also be mastered even though it's always 50-50. Sport betting and trading is linked because even trading is 50-50 however, trading is a better option than betting. Until you learn the complete trading trick, it remains gambling.

You sabi dis wan, I nor go lie give you at all. I don read tire for here wit some of owa people wey dey even argue sey trading na gambling. Na just wan thing e go mean wen people begin talk dat way sey both na d same and dat thing na sey dem dey lose weneva dem trade. Dem buy, dem lose. Immediately, dem enta sell dem still lose. Any angle wey dem follow, dem go still lose.  Dat wan go begin dey confusing to dem and na im make dem dey compare am wit gambling. E nor be so. Wetin dem lack na skill set and patience wey trading dey news. Wit trading e get wetin dem dey buy and sell but for gambling e nor get anything wey dem dey buy and sell. Na just imagination or picture of hitting jackpot dey drive people to participate for gambling. E nor be like dat for trading.

Sure my boss man, most times people dey mistake the two, because of the unnecessary losses wey dem dey incure anytime them try to trade but them no know say na because of lack of skill no be luck

Trading and gambling no be the same thing but the reason why most persons dey say gambling and trading na the same na base on say the outcome almost dey alike.The chance to cash out for trading hard na same thing with gambling.Many bitcoin experts dey use this phrase well well(to trade crypto be like gambling your funds)dem dey use dat phrase base on say dem wan inform the newbies make dem no dive into trading wey dey no know the fundamentals and how the market dey work.Just like the Op yan,no carry that mindset say trading na gambling enter trading, because that mindset fit distract your goal.To me trading dey different from gambling, reasons are;
1.Trading get strategy to earn profits while gambling no get strategy rather na by luck and odds pipo take dey use cash out for gambling.
2.Gambling na for fun while trading na for making profits.

That’s just the facts: between trading and gambling, the titles are differences, but they are almost the same based on both of the two carrying the risks, but for me, it’s like the risks of trading are more physical than gambling since trading is just like something that a person is willing to purchase after knowing some little problems that it has, but based on the willingness and ability, that’s why he/she are having interest on trading.

But you see, the word of gaming is not something that a person can even rely on, because it can turn a person down at any moment, and that’s why people always prove that the risk of gambling is also high, which is very difficult to control: some will be have so much hope on a bet that they stake at times the game that they will be hoping for is the one that brings them to lose all of their money at once without reversing back.

Dem no suppose dey reason trading as gamble. Just d other day for my side, one guy just dey talk say trading na cooperative gambling. The matter tire me and me no be person wey dey sabi follow person argue. I go continue to talk am, trading no be gambling. Na people wey no sabi trade na dem dey call am gambling..

I love the explanation you gave, trading is is unlike gambling while gambling your expextation is extremely based on hope while in trading you know what you're doing expecially when you see pattern concoring to some analytical movements. Most people take them for thesame thing but the truth is that, people who do such are those who might have had loses in trading probably because they failed to learn well before excuting any trade.

If you are talking about trading and gambling, it’s almost the same, but not as we all think about it, because in gambling, many people tend to predict the game based on their previous experiences, while in trading, you have to undergo a lot of study. Furthermore, in trading, it depends on your risk management; that is, how you will lose all your funds. But in most cases, experienced traders that are using risk management escape a massive loss.

I am not a gambler and at the same time am not a trader, but I am studying to become a trader, knowing that gambling is addictive whereas trading is not, but both the risk have involved,

We done talk of this matter we well for English board, people no say gambling no be trading and two of them na different things wey dey be, gambling na risk something and trading na also a risk something, but wetin I wan tell you be say trading small similarity between gambling, the similarity be say the risk wey dey for two of them, but when we talk of the one wey get skill, na trading wey people dey learn and you fit control your loss but you no go fit control the loss of gambling because dey no dey learn how to gamble, na e be the difference between them and gambling

Trading and gambling has some similarities but that doesn't make them the same. The knowledge that someone need to aquire before they can be considered as a trader is very important, and it requires deep knowledge and understanding to trade and it will be your guidelines through the journey of trading. Traders work very hard to make sure that their efforts never go in Vain, but still they can't prevent themselves from losing totally, but they are strategies that they applied to minimize the losses. but gamblers play on luck, they don't aquire any knowledge before gambling.

The way people go dey call trading gambling where's is the place of expertise and skills, in gambling you don't need expert experience as we need with cryptocurrency traders, and in gambling, all that is needed is luck and even though you don't have any basic gambling skills if you have luck you can still win a few bets, but in all gambling is far different from trading although there is one similarity and characteristics of both gamblers and traders which is greed, but are driven by high greed and the same thing goes with their negative impact.

In my own opinion I see trading and gambling as the same, the risks involve in it are similar and desame.there are gambling that are like trading example sport bets or other betting game.because most of those games are alike and they are gambling cause your chance of winning are of the same risk.your winning in both trading and gambling are not guaranteed.they are synonyms.

Well this has been one of the popular  regular threads that we all have one or two different opinions to, which have been discussed and compare that the trading sector and bet gambling are not of same investment and can't be compared well i will say they kind of look same but there are really not that different because both of them have one thing in common the risky part of the investments which are made by people day by day and aslo what make it look common between them is the loss and gain, Well to me i could say trading can be seen as gambling depends on how people treats it like if seen as a regular bet than there both not alike, but if been treated with with skills and knowledge discipline and using the right strategies to it may leads or becomes a well self established for financial assets activity rather than using pure luck to guess.

Omo this na age long argument, but the way I see it Trading is a kind of gambling.
All you listed as differences are also involved in it as similarities for example person wey Dey play game (whot, ludo, even football) Dey bet on em skills, knowledge and strategy to win not just luck as stated.
Yes, Most forms of gambling depends mainly on luck even person wey Dey trade need luck on em side not jus the knowledge and skills cos with all those analysis you can’t really predict the market 100%.

My Verdict on this is that TRADING is a FORM of GAMBLING where the risk/losses can be managed.

There is a very slight difference between trading and gambling. Trading sometimes follows the same pattern. Which is also related to experience, but gambling never uses any pattern. It depends entirely on your luck.

But whether trading or gambling, you have to rely on luck to win.If you are an old gambler, you may find the game a bit predictable. Many times your guess is correct.

But if you start trading without learning trading, you will lose. Trading depends on luck and experience. But if you are very experienced, you can win 60% of your trades.

This topic cannot be overemphasized, no matter how you try to explain this some people would still stand on the point that trading is also Gambling. I've observed that people that have. Concluded that trading and Gambling are the same are going about it the wrong way or they are beginners that have had some losses. before you can become a profitable trader you'd definitely lose but the level of those losses depends on your risk management. There's a way you can control what you lose, blowing huge capital consecutively means that you are trading with a gamblers mindset. Trading is all about waiting for an opportunity and most times it requires patience, discipline and strategic planning.

Very correct, it's because of future trading that they compared trading vs gambling because future trading is pour gambling since you can lose all your money instantly just like we have in gambling where you stake funds and wait to see it either profit into a large amount of winning or losing all with a second, but spot trading, on the other hand, is far different from gambling since with spot trading you own your assets, unlike futures trading where you just own a portion in the pool that can burst at any time when the liquidation price is exceeded.

Trading and gambling often seem to be the same but there are many differences. The only similarity is risk, and everything is different. Gambling is generally said to be based on luck, while trading is based on skill, experience and good analysis. If a trader can correctly implement his trading strategy and manage his money well, he can be profitable from trading, but in the case of gambling, even if he has a strategy or good analysis, there is no chance of winning. Moreover, if a trader holds an asset for a long time, he can profit from that asset in the future, but a gambler has to either win or lose in a short period of time. A trader can withdraw his investment at any time if he wants, but in the case of gambling, it is very difficult. Furthermore, a trader can keep trading until he makes profit, but a gambler does not have that opportunity.

Another big difference is that a trader has to spend time learning how to trade, while gambling doesn't require much learning. Particularly in the case of casino gambling, you only need to know the rules of gambling.

I know say trading and gambling get risk but even at that I know see anything wey go make dem to be alike, even the business wey dry do, they all have ther own risk inside. Trading is not gambling, some people sef dey do gambling without no understanding but just to try their luck but at the end luck still fall on dem to win but for trading e Jo dey like that. Nothing like luck when you know sabi anything for trading. If you do trading like that you fit end up to lose everything wey you put for the trading , na why you no fit compare trading and gambling.  Trading get more risk than gambling.

Absolutely, trading is not gambling. True they have a few similarities but trading and gambling are two different things but they both have risks in them, gambling is giving away what you have and hoping to get it back bigger than before even though you know very well that it might not be possible and trading on the other hand is using what you have to get what you want, Trading is like an exchange while gambling is giving what you have with uncertainty of getting it back.

With your explanation it seens or appears as if trading is just a simple exchange of cryptocurrency without risk involved.Trading is not just exchanging cryptocurrency because there are risk involved in trading which crypto traders requires so many trading technicalities for them to sail through in their trading.so trading is synonymous to gambling because of the volatile nature of cryptocurrency the chances  of losing one's income is there so while trading, an investor is gambling with his income.crypto traders aren't just into bitcoin for the sake of exchanging cryptocurrency but rather to make quick profit which is also the motive or intent behind gambling.

Trading is not gambling but they have similar attributes.
1 In both trading and gambling, you don't know what the outcome might be. It may be a positive one or negative one.
2 There is high risk involved in both of them though sometimes you might come out lucky especially in gambling.
There is merely any luck in trading you need to have a bit of knowledge going into it, and having some guidance in it else you will have yourself to blame.
While in gambling, it might be your first time and you say "let's see how things goes" you might come out lucky at the end of the day but that merely happen when it comes to trading.
Trading is different from gambling but have  little similarities.

I thought you are talking about the profits as the outcome, it's possible to know the negative and positive outcomes but the profit is somewhat unpredictable, in gambling it's all about the odds and in trading the prices. So it's the total odds and the prices is what you can't know before staking in.

In addition to this, you might be lucky in trading also, I can't count how many times I login to Binance and buy coin I don't even know with no much analysis, then in few days time, there come a massive gain, it'll just be out of luck and not my analysis or anything.

Gambling = the probability of winning is never on your side, the casino has the house edge and will always be more likely to win your money.
Trading = No house edge and doing your own research on what you invest into can raise your probability of making more money.

They might seem similar due to their probabilistic nature. But gambling odds will never be in your favor.

The reason why people think say trading an gambling is same na because the two involved high risk .in gambling and trading person fit just lose all in money at once.Traders and gambler's get the same mission to get quick money ,for this reason wey make people come see the teo as the same thing.

I agree with you. A gambler has no chance of getting back the amount he bet. In gambling, you have a chance to win every time, but you lose most of the time. Most of the time, winning depends on luck and it is a bad idea that luck will not favor you.

Trading is a good way to make money if one is experienced in it. There is a risk of losing money but there is no possibility of losing all the money. Trading is a popular way to make money in the short term, but it is also risky.

Both of these methods can be very dangerous for your money management if you do not have enough knowledge. Especially for beginners gambling and trading are understood in the same way because they are risky.

These two things ( gambling and trading) na almost the same thing oo because them get similarities, both gambling and trading involve analysis though the analysis differs somehow because in gambling you go check the statistics of the game you want to play, their present performance and some other things and in trading you will  also need to check the current movement of the market, how the market behaves in an hour or days ago and current position of the market and the two involves putting money to get back money but one thing is certain, profit is not always guarantee.

Trading and gambling are never the same. Many people think of trading as gambling, for example, if someone is ignorant and has no idea about trading. When he trades, it can be called gambling. Otherwise, if someone learns trading completely and trades, whether he loses or wins, it will not be included in gambling, trading is not gambling.

You never need skill to gamble. If you want to gamble on cricket, then if a team is a little bad, then if the team is a little good. Then you will be offered more money than the good team. In that case, you do not need to know much. No skill or experience is ever useful while gambling. But in trading, skill and experience are very important for a trader.

You have really highlighted a very points and some similarities about trading and gambling well I from my own perspective I think the both are quite the same the both are having higher risk both trading and gambling have high expectations and risk management, both of are also been analyzed or are been study their trade or games before been played, if check deeper emination decisions making are both involved in trading and gambling for example fear and greed or excitement.
Understanding the difference between trading and gambling and be aware of it eminational and psychological this help individuals make informed decisions about the the two

I think that there is a difference between trading and gambling because in gambling you have no control over what happens to what you have predicted to happen while in trading it's a different game because you have a control of your trade it's all depends on you if you have a mastery of the forex market because for you to be successful in the forex market you have to have a good practical knowledge of the forex market, so in terms of the risk involved in the two trading is less riskier than gambling because you have control of what really happens to your trade

For those who have not gained enough experience, trading will seem like gambling. Therefore, to become proficient in trading, we need to have a lot of training and sufficient analytical skills. It is important to remember that nothing comes easy, and with a lot of perseverance and patience, any difficult obstacle can be overcome.

Of course there is a difference. Trading is a risk taking where you can make a profit or lose money according to experience but gambling is unpredictable and you can lose your money surely. Gambling is mostly based on luck and even experienced gamblers can lose a lot of money. Experienced traders are more likely to make a profit from trading as they apply their strategies and are ready to buy regularly in every price trend. In the Forex market, any experienced trader can earn a decent amount of money every week based on practical knowledge. Gambling is almost entirely based on luck. Here you may be able to make potential decisions through experience but you have to rely on luck to win. The chances of losing are high.

Anything that will bring you profits will definitely involve in a risk, and is only the trading that have risk management,  gambling you can't minimise risk,  you can lose since is a game of luck you can't predict the outcome sometimes. Trading always give more opportunity of getting profits then doing gambling, because in trading if you have understood the strategy have enough experience about it anytime you stake, the market can probably go to your way and you will definitely get profit. And trading is more better then gambling because in trading you can be perfect on it and be getting profits back to back and your loses won't be much. since you have get enough knowledge and get different strategies you are using to stake. And in gambling he don't depend on who is perfect because all about gambling is lucky and if he favour you don't mean you are perfect on it, you can win today and next day lose back to back so anyone that understands crypto very well he can different the both you can't join them together.

True true, we no fit take away the fact say them resemble somehow, especially say dem two get high risk stats and also person fit loose money Wella. You fit do trading say make e be for short time or make e stay long small, the same thing also they for bettings, especially sorts bettings. You fit just play sports betting for a shirt time, you fit also play for a long time like if u bet on certain options wey go need you to wait till the end of the season before you talk of winning or losing. So somehow, we fit still see similarities for the timing.

Na for the data analysis side wey I dey see small difference. The both get data base and analysis wey you fit check, study and bet or trade on, but  you see that sports betting analysis, e no dey trusted at all. You fit check history finish for 10yrs past, yet, them fit enter field play another thing wey go shock you. For trading side too, we know say e dey shake too and e no too dey dey stable, but with better study analysis, market wave, and patience, you fit still get something tangible out.

But any how we take talk am or point out their differences, I still believe say their resemblance and similarities plenty full for basket pass their differences.

Well said. Trading isn't fully gamble but they still have somethings in common. And just like you have said, expert traders are always different from amateurs. Expert make much analysis and research for trade but most amateur place trade without much analysis making the whole process to be fully similar to gambling.

I see very little similarity between trading and gambling, and that is the amount of risk. Trading can be profitable by gaining knowledge, skills, market movements and adopting various strategies, but very few people achieve success in trading. Over time, you can achieve success in trading by gaining experience and increasing the amount of knowledge.

It is very difficult to succeed in betting or gambling and it depends on your luck.
For example: Imagine you are betting on a football match, you can never say for sure which team will win, you can only bet on a match based on guesses, it is uncertain. And during the match you can see that you are losing the match, you will not get your money back for this match even if you want to.
So I think there is no much difference between trading and gambling except the amount of risk. It depends entirely on your perspective. Gambling does not require much experience, you can gamble with a little knowledge. Gambling either wins or loses. The outcome of a match is determined in a very short time. Trading and gambling are not easy for beginners.

Trading and gambling has so many similarities morespecially in terms of getting quick profit, this is the core reason while trading is consider as gambling since both traders and gambler's are in for quick profit. The chances of losing one's income in both trading and gambling is high and both is unpredictable because both involves However I will not denied the fact that trading and gambling also have some differences despite the similarities, so the main reason why the term trading is mostly considered as gambling is because both gamblers and traders have the same motive which is to make quick profit.

Gamblers are more likely to lose money because you can only lose the amount of money you bet when you place a bet and there is no chance of getting it back. I am not in favor of comparing gambling with trading for this reason. You said that people who trade want to make quick profits gamblers have the same attitude. It may not be right to compare them with experienced gamblers who have been trading for a long time. In the case of new traders there may be expectations of making more money through trading in a short period of time which you may compare to gambling. Traders can make losses and there is a possibility of getting profits along with the capital after some time. On the contrary gamblers never have the possibility of getting back the money they lose.

For my own opinion I go say Trading na Opposite of thesame COIN. Normal Gambling na bad habit with the expectation say you fit win but you no dey sure of your winning, while Trading na legit gambling wey get strategic measures to take but if e turnout say e no fall for your prediction you fit loose but if e enter for you, that wan mean say you gain...

Like this I no see much difference between the 2, because the 2 of them calculation of strategy and timing follow, just say one give you legit regard while the other na anyhow anyhow regard, that na if you win o

Trading may be a bit similar with gambling, but the truth is that there is a huge difference between them. Here is how they differ

Trading is strategic and Gambling is based on Luck/chance:

In trading be it Forex, Crypto or Stock, decisions are mostly driven by Market analysis, trends and technical indicator. Even with the risk associated with it the trader always through critical analysis create a suitable methods for managing this risk.

Gambling however is solely based on luck, no amount of analysis can guarantee can guarantee you a win. The odds are rarely in your favor, it is always in the favor of the gambling site or company.

Just see it like this when one invest in a coin based on its popularity and hype, hopping to get the best, without proper research, this can be equated to gambling. But when one takes enough time to analyse the price movement, along side the risks involved and then how to manage this risk then that's trading.
    
    

The thing is that the two of them can be the same thing for you or anyone base on the particular approach wey you use follow am up because I believe there are so many gamblers who follow up trading with the sense of gambling and technique that they use in gambling and in the end all results they get from trading are gambling related.

TBH, I don’t blame people when Dey say “trading na gambling” I mean, on the surface it kind of looks that way. Both involve risk, both can give you quick returns or heavy losses, and both involve a whole lot of speculation. But make we talk truth, e no be the same thing at all.

Yes, trading and gambling get similarities. In both, you're basically predicting Watin fit happen next. In trading, you're speculating on whether Bitcoin go go up or down. In gambling, na who go win, or which card go show face. And yes, both of them dey uncertain. But the how dey very different.

Trading no be play. It’s not just an investment, it’s a full time mental work. You’re not just pressing buy and sell anyhow. You're watching charts, using strategy, understanding market structure, reading news, calculating risk... And if you nor get sense, market go humble you quick.

Gambling on the other hand, mostly na vibes and luck. People dey say dem get strategy for casino but deep down, na hope and maybe small understanding. With trading, if you nor get skill and you nor study market well, forget it your wallet go tell you the rest. That’s the big difference: one depends more on skill and calculated decision making, the other na just dice and hope say luck dey your side.

From my own experience, I was actively trading for a while. It was fine at first, but over time I come realize how much energy e dey take. The constant screen time, the emotional up and down of wins and losses, and the mental load of analyzing every move the market makes. It got so tiring, and I had to take a step back.

That’s why I decided to shift my focus to Bitcoin investing and accumulation. I started buying and just holding them with a long term view. This one get peace of mind and still keeps me involved in the space without the daily stress. I’m not saying trading is bad, it’s actually a great skill if you get the time and mental capacity for am. But if you're not prepared mentally, nor even bother. Cus e go mess with your head if you’re not grounded.

My advice? Before going into trading, be honest with yourself. Are you ready to do the work, study the charts, manage losses without breaking down, and stay consistent? If not, maybe it is better to start with investing, learn at your own pace, and try grow from there.

At the end of the day, both trading and gambling carry risk. The key difference na how much control and skill you fit bring into the game. In trading, skill makes a big difference. In gambling, luck does most of the work…

Trading and Gambling have been pitched side by side by many people for many years, people have their opinion, but those who can back up their claims with constructive facts that trading is gambling doesn't exist because trading and gambling are not the same. Trading has its terms, and so is gambling. The two have their different practices and structure of operation that differentiate them.

You try to do business in trading, a risky type of business, which makes it look like gambling. As risky as it is, there are set out plans like having good strategies, manage your risks correctly and have a good plan to ensure what you know are done right to make profit. But gambling is like that, it is tougher, you must do blind betting based much on guesswork, instinct at play, and senseless risking sometimes to get it done. It is highly luck-based, but trading is not like that. Your efforts and worth in trading will surely be repaid in profits if you know what you are doing, particularly with the security of your account.

Let me enlighten you more especially on this your statement there are so many traders that has not been able to recover the money they have lost during trading likewise gamblers.so the fact that you said there is possibilities of traders getting back whatever money they lost while trading same possibility is also there for gamblers.Trading and gambling are more like game of luck no doubt there may be differences between the two terms but as long as crypto currency is concerned traders are often referred to as gambler since they both have same motive of making quick profit,so it will not be wrong if one decides to use the two terms interchangeably to describe investors that are into bitcoin investment for quick profit.

Op your point may be correct based on how you perceived this two things another point of view will also be correct I speak from little experience I hard, trading risk and lost has no difference from that of gambling, I even see gambling to be more of lesser risk when compared to trading, many traders have put effort and study the candle stick and others guide to trade perfectly but still losing very high, if you use little lot size you make nothing reasonable if you use lot size that is high you still loose in my opinion in risk that appears the same, I can say that they are twin with different name .

There's nothing like timing in gamble, and yes, timing the Market is mostly use by traders since trading has to do with short term profit which is why is not advisable for a bitcoin investor to be engaging themselves into timing the Market. However, the difference between trading and  gambling is very clear although the both almost work the same but the only difference between this both is strategy, though this same strategy is also apply in gamble, the reason why gambling strategy is different from that of trading is that no matter the strategy you use in gambling you can not be able to win in a roll rather the strategy can only reduce our chance of losing, but I have seen a lot of people making steady profit from trading through strategy.

But I don't think that their similarity is even up to their differences. What I mean is that I don't think that their similarities is much as the differences. So I don't think that we should consider them the same. They are many characteristics that differentiate trading from gambling. A trader must acquired some knowledge before he can be considered as a professional trader. While a gambler will not go through this processes and he or she can gamble any time he wants. There is hundred percent possibilities of loosing your money in both trading and gambling, but in trading there is 95% possibilities to find an effective/ efficient way to stop yourself from loosing unnecessarily. And it is obvious to anyone that it is very hard or should I said it is impossible to minimize, manage or reduce risk in gambling. In gambling if you win, you will win perfectly and if you lose you will fall flatly, because there is nothing that can be done in that particular moment.

In understand the difference between trading and gambling you have to understand the factors involved, which majorly is the mindset. Because, your mindset in the two of them will determine if trading is a gambling or not. In the real sense trading is not a gambling, but your mindset can make it a gambling. For instance a gambler does not follow a structural method of getting money while trading requires a well structured pattern of getting money like the lot size, a trading plan and so much more a gambler is only interested in fast money.

I'll be the very last person to agree that trading and gambling are the same thing. This is because trading has some deciding factors that you should consider before engaging beyond just reading candles. I've a friend that does synthetic trading, he is always on the news looking out for trends and developments across various nations that can either boost their currencies or depreciate it and then goes to the charts to observe more before placing his trade. The guy is doing very well as a trader. Most people just thinks that trading is all about reading charts and predicting outcomes, but there's more to it.

I'll take a little example, I knew when Blackrock moved 4113 BTC to coinbase last week and it fueled sell rumors which crashed the market slightly. Knowing that negative perception can influence price of Bitcoin adversely, I discussed it with my friends and some opened trades and made profits, if I had opened a trade against BTC, I would be in good gains, but I stopped trading years ago. I think information is key to be a successful trader, against just reading charts.

Gambling is just gambling. Easy way to lose money, risky,  dependent on luck, regardless of the strategy you employ.

Both are risky approaches to making money, but trading can be learned to make a career from it, but such can never be said about gambling

Mindset you say...
IMO Trading and gambling are one and same, the only difference between the both concept is that in trading, you're betting on asset class and gambling requires betting on sports events and games. And who told you that you don't follow a structural method in gambling? You require a strategic approach in both and after initiating your bet of trade, you mostly expect the result of your trade or bet within the short term. We can go on and on to argue this and I'll be willing to shift my mindset as soon as you or the OP is able to give me reasons beyond reasonable doubt that the both concept are different.

Trading and gambling are one thing, if you trade with this kind of mentality, then you will make your trading like gambling, that is, you will trade without understanding and without analyzing. We can never call trading gambling because to trade, you must know about it and adopt technical strategies which will work even if you do not do it in the case of gambling. Gambling is only that you can play without using your knowledge and if you are lucky, you can win, but in the case of trading, it is completely different. To trade, you have to see what kind of candle it is and whether the market is up or down, you also have to see how much the market matches your analysis. If you see that your analysis is correct and perfect, then you can win if you trade. However, in many cases, even after doing a lot of analysis, you have to lose.

Trading an gambling are not the same thing but if we are to compare the two in terms of risk , there won't really be much difference. When it comes to bitcoin investment, trading of bitcoin is more like gambling . In trading you are exposing your assets to a very high risk which when compared with the risk that is involved in gambling is almost the same thing. For this reason trading is mostly view as gambling.

This one way you talk for here na the koko dem, the reason why trading dey very different from gambling na because of this luck I don see person way no too sabi anything for gambling dey experience win but for trading if you no get all the information about how trading works you fit trade from now till next year na just lose you go dey see, because trading dey work with strategy and if you no know any of those strategy how you wan take make profit from trading, but for gambling nothing like strategy na luck we dey use survive for gambling. So for this reasons I think gambling need to stay on it's own Because aside from the equal risk they share I no see any relationship between trading and gambling again.

These are two things that has almost the same features, they are both risky and  you barely succeed in it unless luck choose to look at your direction that day, both of this do not required how expert or professional you are, however the slide difference between both is that trading seems working at times with knowledge and pass experience in market price while gambling is completely based on luck and privilege.

The main reason why people often view trading as a game is because both involve prediction. But the point is that gambling fully relies on luck even without knowing anything about it, someone can win due to the way gambling is designed, especially in places like casinos.However, in trading, especially with proper knowledge of the market and cryptocurrency, it is very hard for someone to succeed without understanding what they are doing. It’s not that trading doesn’t involve luck, but it’s not all about luck like gambling is.The truth is, both trading and gambling involve risk, and both can lead to loss of funds. That’s why some people categorize trading as gambling. But I believe trading is not gambling and can never be. It only shares some similarities, which causes confusion for some people.

If I talk specifically about Bitcoin, then trading Bitcoin in the short term is the same as gambling. Because no one can really say what the price of Bitcoin will be in the short term. It is just like gambling, it is impossible to say what will happen in the future. And since investing in Bitcoin in the short term, everyone basically considers trading as a kind of gambling. And trading and gambling enthusiasts are addicted. No matter how many times one loses, he thinks that he will win the next time and make a lot of profit. So I think that although there are some differences, trading and gambling are almost the same thing according to some concepts.

When you check the properties and characteristics of both short term trading and gambling, you’ll see they’re very much alike, I mean, they both heavily rely on uncertainty and the reason for involving or getting involved in both of them is no other reason but to make quick profits or gains. When you’re trading, what you’re doing is attempting the next direction of the asset, it doesn’t matter the analytical tools you’re using to do that, the point is that you’re not completely certain of what might happen next, so you use some tools to narrow down the possibilities and bank on that possibility, as far as I’m concerned that’s a game of chance and no different from gambling.

There are risks in both gambling and trading.
There are no guarantees in gambling, gambling depends entirely on your luck.

If you consider it in the same way, trading is a little different. Trading has both risks and guarantees.
If you know about trading, then trading can be profitable for you.

Basically, trading requires more time, usually watching the charts, monitoring the market, etc.
However, for a new trader, the risk is higher. Because a new trader can never learn what trading is and how to operate it before losing money.

Trading is not specifically gambling per say but in other words it is. Both trading and gambling is a luck. Anything risk is attached is gambling. Trading is a long Time investment while gambling is something you something you want the result sharp sharp. Another thing about gambling is that gambling is addictive while trading is not. So we can say that trading is not gambling.

Truthfully speaking there is power in information, I was skeptical about inveating in Bitcoin when it was first intriduced to me years back because I thought it was gambling. I believe I wasn't rightfully informed. This is still the case of many people today. But I love this topic because of the enlightenment on the subject.

It is definitely the way you were informed, because if you were rightly informed about Bitcoin, there’s absolutely no way you would’ve considered it to be gambling. Although there are people who also gamble with their Bitcoins, these are the traders, when you’re trading Bitcoin for the short term, you’re literally gambling because you’re depending on chance for profitability.

Gambling is dependent on what you predict to happen which you do not have a direct impact on and they're no statistical analysis to this nor a risk management plan. But the concept of trading depends on your analysis which in turn depends on either fundamentals or technicals and there is a high probability of executing a successful trade with proper risk management. It's never a comparison for both gambling and trading as they are seen to be two distinct entities with varying principles.

Trading uses live signals and in most cases indicators are employed to assist in executing a successful trade but never that way with gambling as you are only open to risk and dependent on luck just like you said.

There's statistical analysis in gambling, sports betting for example, you can reference to the both teams recent statistics, team forms, individual players form, attitudes and historic data of H2H which you'll employ to analyze possible outcomes

Again in gambling I believe a risk management plan exists which is gambling with a budget and stalking amounts that you're ready to loose.

Exactly, the difference between trading and gambling is that gambling is completely based on luck but trading provides an opportunity to learn analyze and create strategies. However the reality is that many new traders treat trading like gambling which causes big losses. For example if someone takes a trade just based on other people's words or emotions it is not trading but also falls under educated guessing. So it is better to learn with demo trading or small capital than to risk your own money in the beginning.

Thats is the truth, people mix up trading with gambling because both carry risk, but what is behind them is totally different. Gambling is straight up luck, you could walk into a casino with zero knowledge and still hit a jackpot, or lose it all in a blink. While trading on the other hand demands skill, discipline, and proper knowledge of the market.
So If you don’t know what you’re doing, you will definitely get burned, but if you do, you can actually stack consistent wins over time. That is why I can never put trading in the same category as gambling. The similarity is only in the risk part, but the I think the approach and outcome depend way more on knowledge and strategy in trading than luck.. But personally I don’t just involve my self with trading..

You should start with a smaller capital than demo trading. If you invest any amount of your own income, it will be easier for you to learn. Demo trading can help you learn basic trading strategies. To learn to trade attention you need to invest the amount of capital you are prepared to lose. Being prepared means that if a currency falls in value after you buy it, you will not need to sell it at a loss. This means trading without fear. New traders cannot learn trading because of the fear of losing capital.

The thing be say they might sound like say them be the same thing and we know say luck is needed but when you they talk about gambling one of the thing wey people go consider na say you need study the pattern of the candle stick for you to be able to trade so this kind thing now you go say na luck no na, because when you they trade you go need to do leveraging and also do settings like stop lose and take profit, and gambling no get all this things so the only thing wey i go talk be say in term of perception similarity they but they no be the same thing, and if they say make i choose i go choose trading over gambling because trading you fit control the risk but gambling nothing you fit do for there except you go reduce money wey you wan use.

It seems you prefer trading to gambling. That's why you believe trading has a high chance of controlling risk, while gambling has a low chance of controlling risk. Trading and gambling are similar, so I believe both have the same chances of controlling risk because if you lose a trade with a big amount of money, you will be tempted to chase your losses so that you can recover your loss, and if you can't control yourself, you will chase your losses and lose more mone. The same thing is applicable to gambling. You can only control your risk in trading and gambling respectively, when you use the money you can afford to lose to trade or gamble.

You're right trading is just the same with gambling because traders also chase loss just as gamblers do, especially when you put the amount you know you can't afford so easily and it happens that the outcome didn't work as you planned. Definitely you will be tempted to try one more time to see if you can recover from your previous lost and if you're unlucky to win the second time you will still want to try the third time until you lose everything you have, and some people may not even see it as the end so therefore they will still want to borrow from Friends to continue, though I have never heard story about someone going for a loan just to trade. But I think I have heard several stories about someone who took a loan to gamble, but I'm sure that there are people out there who have done the same in trading.

The risk in trading and gambling is very serious if you cannot control it. The control depends on your execution, for example, the risk of losing money while gambling is almost 100% if your luck is not very good. But even though the risk in trading is high, the probability of losing the entire amount of the funds you buy is low. Maybe if the value of that currency decreases as a result of the purchase, the funds will remain in your portfolio in the form of currency for a few weeks or months. If the project is reliable, you can get high profits by turning it into a long-term investment from the trading stage.

So I do not want to compare trading with gambling so seriously. If the probability of profit is higher than losing your entire money, it will not be considered a risk for you if you have assets in the form of currency in your portfolio for a few months or years.

In trading, results usually come through skill, knowledge and experience, but in the case of gambling, it can be said that it is based on luck. That is why I cannot compare trading with gambling. Although from some perspectives, gambling and trading seem to be the same, in reality they are not the same. To start trading, you must learn. If someone blindly trades without acquiring any skills, then his trading activity will be like gambling.

That is true both are totally different, they may be similar when comes to risk because trading without knowledge is like gambling because you are not making use of any technical skill to determine the market you are just jumping when ever you see dip in the market and sell when price increases you are just going to keep losing the you eventually blow your account, just like you said is all about skill and having the right knowledge. And right mindset

You need to get trading knowledge first before you can be the lucky one because without the experience and knowledge you will always lose in trading. Gambling and trading are probably similar because both are risk and you can lose all your funds immediately when you Analysis go wrong. You can be a lucky person in Gambling even you don't have knowledge about it and you can still get profit but trading you can't get lucky if you don't make research and study about it. If you said trading is not a lucky anyone that have the opportunity to achieve the knowledge will always be profitable in trading everytime they trade but even the professional lose in it since is always unpredictable but knowledge can minimise your risk and do what will favour you better.

What you said is true, and I agree, but it depends on what you're trading on. If you dey trade memecoins, my bro, na gamble you dey do. Na just different form of gambling. Nothing to tell if a token will be good in future. You just buy and hope it grows.
The same with that binary option trading wey people dey do. Na just different form of gambling be that.

Trading and gambling are two different children from the same mother but different father when it comes to there characterized features in capital generation, fund management and risk assessment, there are no much difference between them because of its risk of losing assets if mismanaged. Gambling involves  investing in activities without full knowledge of its possible out comes but identified based on odd difference while trading also involves investing capital in an asset with hope of its possible increase in price without full knowledge of the increase at a particular time.

So comparing both now you will see they have few characteristics in common which are: investment with hope of possible outcome but without full confidence of such occurrence at a particular time, losing capital if the outcome goes contrary to your prediction and know accurate prediction of outcome. Which indirectly signify both as one when it comes to possibility of occurrence according to predicted outcome. So writing off trading as a gambling activity is totally wrong because both are characterized by risk taking for uncertain possible outcome at a particular point in time.

Yes gambling and trading have somethings in common like risk and wins, but their differences are clear, but some people no go still gree
First of all trading is a business, and this business is based on skill, knowledge, strategy and opportunities, the forex market gives participants opportunities to buy or sell, And dependant on their market strategy will have them make the decision wether to buy or sale. But gambling does not a strategy to give you decisions. Forex has just 2 options you either buy or sale just like every other business, But in gambling you have several decisions to take.
We should not also forget that gambling is based on luck, but trading is based on skill and knowledge, And there is a big difference between skill and luck. Gambling is generally by chance but trading is on skill and strategy development and perfection.

Those who have this kind of mentality, that is, those who think of trading as gambling, will definitely face big disasters here. Trading depends only on skill, experience and market analysis ability, but those who are influenced by emotions here will never get benefits but will only move towards more negative situations, because they only lose more here. Nothing in trading depends on luck, guesswork, emotions, here you have to find success only through skill, so instead of being emotional here, keep doing good work to increase your skill, keep learning trading with patience, learn more deeply from every loss, then at some stage it is definitely possible to gain skill here, and only then will you achieve real success.

It’s now a normal thing that people love to mix them up just because both involve risk, but the mindset behind them is totally different..  With what I have heard trading is more like running a business, you need a plan, discipline, and strategy to stay consistent.. 
While Gambling on the other hand is just luck, you either win or lose without control over the outcome.. I heard in trading, even when you lose, you learn something that improves your skill over time..  But in gambling, there’s really nothing to learn, it’s just chance…

My brother I understand your point well and wetin you dy try to talk, but I want to make am clear to you say trading and gambling no be the same thing.
In gambling luck dy very important for you to get wetin you want, and a few analysis if na sport betting you dy do, but as for trading, knowledge or Sabi dy very important because luck no get any role to play in the market.
If you no know wetin you dy do, their is a higher chances of you losing brutally which might affect your mental health because the losses wey dy attached to trading dy always dy huge than gambling since it bruises your emotions in the process of you losing your trade, though e dy similar, but no he the same bro.